Imminent Stock Market Crash

Sheepocracy ^ | 8/24/2009 | Unk.

[Signalman]

This is an alert that a stock market crash is imminent in the TSX, Dow, and other global stock markets.

Get out now before it's too late! Safety can be found in gold, silver, and bonds.

It is imperative that you take cover now. The coming weeks will be turbulent to say the least. The crash will start Wednesday or Thursday of this week.

Get out of long positions. REPEAT: Get out of long positions! I don't care if you're invested for the long term.

The Dow is going to 2300. It will be a stomach-churning ride if you have any money in the stock market.

Forget all the rosy nonsensical predictions made by Bernanke & gang. The US is in a depression. 34 million are on food stamps. Dow 9500 just doesn't reflect that reality.

The FDIC went bankrupt on August 14, 2009!

You have been warned.

[Signalman]

How valid is this? I don't know. But it is in line with what some economic forecasters are saying such as Harry Dent and Robert Prechter (Elliot Wave).

[steveo]

[hoe_cake]

bump

[Dallas59]

I'd wish for almost anything to get Bammy and his leftist friends out of the Whitey House...

[staytrue]

You should have 10% invested in an armageddon portfolio, just in case, and that is about it.

[Centurion2000]

2300 and starting this week? Doubt it.

6000 by year's end .... guaranteed.

[GeronL]

The economy is all messed up. If they pass “healthcare”, Cap N Trade and Card Check. The economy will literally implode. You will definitely not want cash. Buy Rural Bunkers, Ammo and Bulk Food NOW!

[trumandogz]

The Dow is going to 2300

NO.

[Bullish]

The crash is already underway, and the idiot community organizer is driving it.

[Centurion2000]

He is right about the FDIC-ks effectively being broke as of 8/14 though.

[taxcontrol]

I agree with the message but not the hype. I have been out of stocks for 4 months now. Technical trend analysis shows that we are approaching the end of an inverted head and shoulders. This is an indicator of a big drop.

Also, PE ratios and PEG ratios are simply too high. A lot of money has to come out of stocks before companies return to more historic levels.

Just my .02

[cyborg]

ZOMBIES!

[JRandomFreeper]

I'm long on plum trees, shorting cash, currently investing in building a log cabin and restoring historic apple trees. I'll have plum wine this fall, along with apple cider and plenty of food to winter over. I'm positioned for being able to sell sugar, tobacco, corn flour, and white lightning next year if required.

Do I think things are bad? No, not for me, but we could use some good snow this winter.

/johnny

[Signalman]

The Dow is going to 2300

NO.

Is that "NO" as in "No it won't, no way" or "No, please don't let this happen". LOL.

[GeronL]

According to

GeronL Economic Advisor Quarterly

there will be deflation overall for another few months with heavy inflation following by next year. Possibly hyper-inflation in 2011, probably blamed on the new House GOP Majority (sigh) by the media (whats left of them)

_{**GLEAQ is not responsible for the idiots who take its advice.}

[subterfuge]

The only unanswered question is; how are they going to blame this on evil conservatives and george bush?

[trumandogz]

6000 by year's end .... guaranteed.

While there might be a sell off in September or October, I don't think we will see the Dow at 6,000. Instead, we will likely see the Dow at 10,000 by early September.

[Kartographer]

That’s the trouble with zombies they want brains and that makes the DemoRATS immune to them!

[kittymyrib]

No wonder BO is hiding in “Marxist Vineyard” (credit:Rush).

[GeronL]

FDIC will just need to have more cash printed.

As a matter of fact forget Austrian economics, its time for everyone to break all of their windows. THAT IS THE ONLY WAY TO REPAIR THE ECONOMY!!! RIOTS are GREAT TOO!!

***warning broken window theory is all a bunch of hooey***